Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management and advisory, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. The company acts as an investment adviser for institutional and other private investors, and provides sub advisory services to other investment companies; and underwrites and distributes registered open-end mutual fund portfolios. It also offers fee-based asset allocation investment advisory products to advisors channel customers; distributes business partners' variable annuity products, and retirement and life insurance products to advisors channel customers; and sells life insurance and disability products underwritten by various carriers. The company distributes investment products through its wholesale channel comprising other broker/dealers, various retirement platforms, and registered investment advisors, as well as through independent financial advisors; and markets investment advisory services to institutional investors directly or through consultants. Waddell & Reed Financial, Inc. was founded in 1937 and is based in Overland Park, Kansas.

Receive WDR News and Ratings via Email

Sign-up to receive the latest news and ratings for WDR and its competitors with MarketBeat's FREE daily newsletter.

Miscellaneous

Waddell & Reed Financial (NYSE:WDR) Frequently Asked Questions

What is Waddell & Reed Financial's stock symbol?

Waddell & Reed Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "WDR."

How often does Waddell & Reed Financial pay dividends? What is the dividend yield for Waddell & Reed Financial?

Waddell & Reed Financial declared a quarterly dividend on Thursday, September 20th. Shareholders of record on Thursday, October 11th will be given a dividend of $0.25 per share on Thursday, November 1st. This represents a $1.00 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date of this dividend is Wednesday, October 10th. View Waddell & Reed Financial's Dividend History.

How were Waddell & Reed Financial's earnings last quarter?

Waddell & Reed Financial, Inc. (NYSE:WDR) released its quarterly earnings data on Tuesday, October, 30th. The asset manager reported $0.58 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.56 by $0.02. The asset manager earned $295.10 million during the quarter, compared to analyst estimates of $293.63 million. Waddell & Reed Financial had a return on equity of 20.10% and a net margin of 14.11%. Waddell & Reed Financial's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 EPS. View Waddell & Reed Financial's Earnings History.

What price target have analysts set for WDR?

7 equities research analysts have issued 12-month target prices for Waddell & Reed Financial's shares. Their forecasts range from $17.00 to $23.00. On average, they expect Waddell & Reed Financial's share price to reach $20.00 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Waddell & Reed Financial.

What is the consensus analysts' recommendation for Waddell & Reed Financial?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last year. There are currently 4 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Waddell & Reed Financial.

Has Waddell & Reed Financial been receiving favorable news coverage?

News articles about WDR stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Waddell & Reed Financial earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days.

How do I buy shares of Waddell & Reed Financial?

Shares of WDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Waddell & Reed Financial's stock price today?

One share of WDR stock can currently be purchased for approximately $18.06.

How big of a company is Waddell & Reed Financial?

Waddell & Reed Financial has a market capitalization of $1.42 billion and generates $1.16 billion in revenue each year. The asset manager earns $141.27 million in net income (profit) each year or $1.92 on an earnings per share basis. Waddell & Reed Financial employs 1,430 workers across the globe.

MarketBeat Community Rating for Waddell & Reed Financial (NYSE WDR)

MarketBeat's community ratings are surveys of what our community members think about Waddell & Reed Financial and other stocks. Vote "Outperform" if you believe WDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WDR will underperform the S&P 500 over the long term. You may vote once every thirty days.